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1 Dollar Bank of America - Rhode Island

Emittent Bank of America, Rhode Island
Jahr 1860
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Druckerei National Bank Note Company
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Vorderseitenbeschreibung The upper centre of the note carries a large allegorical vignette of Lady Liberty enthroned, accompanied by an eagle to her right and flanked by decorative foliate urns, with a landscape in the background. To the lower left and lower right are portrait vignettes of unidentified male figures within oval frames, while octagonal counter panels bearing the numeral 1 appear at the upper left and upper right corners. The lower centre zone is occupied by a bold lathe-work panel with the denomination ONE DOLLAR in large letters.
Vorderseitenlegende 1 STATE OF RHODE ISLAND 1 A No. THE Bank of America will pay ONE DOLLAR on demand when presented______________18_____ PATENTED APRIL 22nd 1860 National Bank Note Company, NEW YORK _____Cash_______Pres
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Anmerkungen

The Bank of America in Providence was one of several Rhode Island institutions that survived the wave of closures following the Free Banking era, issuing notes through the late antebellum period with relative stability. The National Bank Note Company, formed in 1859, had only just begun building its client roster when this note was produced — making it among the earlier commercial commissions the firm handled before the National Banking Acts of 1863–64 effectively ended state bank note circulation in the North.

Rhode Island state-chartered bank notes were rendered obsolete by the federal 10% tax on such issues enacted in 1865. Most went out of circulation quickly, which paradoxically means surviving examples often show light use.

DAS KÖNNTE IHNEN AUCH GEFALLEN